MieMie87

BTC Intraday Triangle Orientation

KUCOIN:BTCUSDT   Bitcoin / Tether
1, the top of the shooting star line, after the market bearish, accurate step to 27500, blocked rebound formed the second high, and bearish engulfment, the second test before the low rebounded again, the third high at the bearish engulfment again, the short throw pressure increased.
2, the hourly chart formed a descending triangle, 27500 that is, the bottom, fell below will then go a triangle height, strong intra-day support 26600, the median line 27100U.
3, upward breakthrough pressure level A point 27484, B point 28032U, strong pressure 28440U, that is, the daily chart trend line suppression.
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